The US just banned altcoin trading ,This is not good news for cryptocurrencies at all.
From the beginning of 2022, the collapse of the cryptocurrency market began. In view of which btc lost its highest price and fell to 16 thousand dollars. Ethereum also touched 30% of its peak price. And most of the tokens in the cryptocurrency market eventually fell in price.
Cryptocurrency prices improved slightly around April-May 2023, but people remained somewhat skeptical about the market.
In the meantime,
the US has banned altcoin trading. Which bodes ominously for the future of cryptocurrency.
Is the future of cryptocurrency in jeopardy?
Source:
https://twitter.com/cryptomanran/status/1667431872333332481?t=0STo6Hty7Oao6xN8Dwu6xg&s=19 Dear magpie99 i thinkthere has some missing in your information. US not banned all altcoin. US Security Exchange Commission charged for trading a few shitcoins. Not all altcoin. So i think it not big problem.
And after this SEC problem Bitcoin and all cryptocurrency pumping Again. Bitcoi ATH is near about $67500 From here some days ago Bitcoins price huge fall some days ago bitcoin price was $16k. It is normal things for cryptocurrency. Btu from bottom bitcoin price including gradually day by day. And i think that bitcoin price will hit new ATH within Q-1 of 2024. I believe within 2024 bitcoin price will hot $100k.